No, it doesn't. The price of the toke will rise, actually as far as I understand the developers aim at the price rising 1000 times! Whatever, the price wil definetely rise. The price will rise not due to mining, but due to gradual utilization of tokens and decrease in overall token supply. Such mechanism makes it more profitable for an investor to keep the tokens rather than selling them. I thing it's just genious, isn't it?

A rather interesting idea. Could you please explain, how will they utilize the tokens? Do they have definite amount they are going to utilize? Also I understand how the investors will profit from this mechanism, but how will the whole platform profit?

Still don't comprehend. If it does everything better than BTC and Ethereum, doesn't it stand to reason that it should be better priced? At $0.01 even a 1000x ROI will just make it $10 per token. ETH is currently hovering at $300 per

Still don't comprehend. If it does everything better than BTC and Ethereum, doesn't it stand to reason that it should be better priced? At $0.01 even a 1000x ROI will just make it $10 per token. ETH is currently hovering at $300 per

Which again raises my concern. As they achieve estimated ROI this would significantly add up to the price of transaction, off course unless the price of transaction drops to 0.1, 0.01, 0.001 and so on as value of token boosts up against fiat currencies.

I also want to thank leea-1334 and yourboss for your kind answers. I have in fact 55 tokens all ready and would probably have more if friends would have listen to me. I`m much of a fan by now and i think it`s great how speed of transactions got so increased by rejecting miners.

Hereby I want to ask if anyone knows how to buy their tokens with fiat (euro in my case) after bounty (28th onwards) and more importantly: how to swap them back into fiat once estimated ROI is reached. Can anyone please answer this?

I also want to thank leea-1334 and yourboss for your kind answers. I have in fact 55 tokens all ready and would probably have more if friends would have listen to me. I`m much of a fan by now and i think it`s great how speed of transactions got so increased by rejecting miners.

Hereby I want to ask if anyone knows how to buy their tokens with fiat (euro in my case) after bounty (28th onwards) and more importantly: how to swap them back into fiat once estimated ROI is reached. Can anyone please answer this?

I also want to thank leea-1334 and yourboss for your kind answers. I have in fact 55 tokens all ready and would probably have more if friends would have listen to me. I`m much of a fan by now and i think it`s great how speed of transactions got so increased by rejecting miners.

Hereby I want to ask if anyone knows how to buy their tokens with fiat (euro in my case) after bounty (28th onwards) and more importantly: how to swap them back into fiat once estimated ROI is reached. Can anyone please answer this?

yeah their answers are very comprehensive and like the best here

@Mahendra-13 you've managed to say absolutely nothing. More like spammed the thread.

I also want to thank leea-1334 and yourboss for your kind answers. I have in fact 55 tokens all ready and would probably have more if friends would have listen to me. I`m much of a fan by now and i think it`s great how speed of transactions got so increased by rejecting miners.

Hereby I want to ask if anyone knows how to buy their tokens with fiat (euro in my case) after bounty (28th onwards) and more importantly: how to swap them back into fiat once estimated ROI is reached. Can anyone please answer this?

As far as I know they are planning to publish a guide which explains how to buy bicoin or ethereum for fiat.UTN coins will be bought by these cryptocurrency. May be you should better join their telegram so as not to miss important events?

A rather interesting idea. Could you please explain, how will they utilize the tokens? Do they have definite amount they are going to utilize? Also I understand how the investors will profit from this mechanism, but how will the whole platform profit?[/quote]

Does anyone knows what is the estimated time-frame to achieve 1000x ROI? I believe this would be most important answer to any potential investor.

Furthermore, we are discussing here whole new blockchain. Don`t you find odd it would have to be exchanged from another blockchain based currency before being bought? Is their wallet being utilised yet? I`ll rather see conversions straight from fiat then back to fiat.

https://www.[Suspicious link removed]According to this article Mr Borodich is going to teach courses on blockchain in one of the Russian universities. Moreover he together with other businessmen delivered a speech in the Russian Federation Council. Does all this mean that the Russian Government is going to support blockchain industry? May be anybody here can answer?

Does anyone knows what is the estimated time-frame to achieve 1000x ROI? I believe this would be most important answer to any potential investor.

Furthermore, we are discussing here whole new blockchain. Don`t you find odd it would have to be exchanged from another blockchain based currency before being bought? Is their wallet being utilised yet? I`ll rather see conversions straight from fiat then back to fiat.

I don't want to burst your bubble but a x1000 ROI at this point in (crypto)time is very rare. You also make it look like a certaintly, which it is not. I'm not saying Universa will not succeed because I think it will, but imagine Universa will already be bigger than Ethereum after x300 and bigger than Bitcoin after x1000. It's easy to say it will reach that market cap in 10 years but honestly, 10 years in crypto is a lifetime.

Maybe if you lower your expectations you won't be dissapointed if you cannot buy a Lambo in 2018.

A rather interesting idea. Could you please explain, how will they utilize the tokens? Do they have definite amount they are going to utilize? Also I understand how the investors will profit from this mechanism, but how will the whole platform profit?

And still nobody answered my question [/quote]

The price of tokens will rise, the number of transactions will increase. This will attract businesses to run their service on this platform